ETFs Skirting Herbalife Saga...For Now
February 15, 2013 at 12:44 PM EST
For better or worse, exchange traded funds are not intimately involved in the Herbalife (NYSE: HLF ) tussle. That being the one where Pershing Square founder Bill Ackman is short 20 million shares of the nutritional supplements maker on the thesis that the company is pyramid scheme. The same